Skip to main content

About your Search

20121201
20121231
Search Results 0 to 4 of about 5
, it's not there. >> i know this name isn't on your list, rocco, but i wanted to bring jcpenney up. ron johnson you could have argued would have been the ceo to turn the company around. but we've not seen the results. would you consider putting him on this list as well is this. >> i wrote an article earlier in november that criticized ron johnson and his performance. i think what happened there is ron johnson was fantastic at apple. but he worked at apple with steve jobs. ron johnson probably read a few too many of his press clippings. if you watch the investor day he did a few months back when he first came to jcpenney, people thought he was crazy when he went to target and went to apple. and then he talks about how he went to steve jobs' house, saying, steve, i'm leaving for jcpenney. and he said, are you crazy? and he's saying, target was great, i went to apple was great and now we're in the same position with jcpenney and i'm going to work the same magic there. no, you can run shotgun with steve jobs all day long. steve jobs was the retail architect. >> we should note, andrew mason
not with radioshack, some point out other. jc penney, you know so well, covered it on cnbc, ron johnson and great magical vision for this company. so far, it has failed. again, it is make or break for mr. johnson. >> even with some optimistic analysts there who see signs of success this that have nothing to do with the original plan. >> a chart in our story, carl that shows the dropoff of jc penney stock -- i'm sorry, jc penney sales. they have lost 30 to 40% of their entire sales. that is very hard to do. >> take a look at some of the japanese exporters, talking about that in the cop text of going short the end, going long japanese stocks. an area to watch. overnight, expecting out of japan cpi data, expected to further the case for bank of japan to embark on more stimulus, bad news equals good news for japan what traders are bracing for overnight i at least on the japan trade. in terms of retailers, sears holdings is up a percent in today's session, the other three are doing pretty poorly. pretty poorly in today's session. it does look like we are extending our three-day losing streak we saw ac
-to-work state. governor rick snyder passing a new bill into law. ron motte is in lansing, michigan, with the latest. >> peace and quiet returned to the streets in the capital city. a far different scene than we saw here yesterday. about 10,000 people showed up. there was a lot of emotion on the lawn of the capital yesterday. a lot of the union workers believed this action was politically motivated, payback if you will for the successes of the democrats in michigan, but the president winning reelection as well. they think this is a death knell of the union in michigan. but the folks who advocated these changes to the workplace rules in michigan believe this gives workers more freedom, the freedoms they really should have to choose whether to join a union. the law will go into effect probably around april 1st or so. it's when the legislature ends its session now scheduled for december 20th. among the folks who lost this particular battle, believe this process should have included a lot more public debate. it was really rushed through the legislature over the past week or so. the hous
. bush now an economics prof s professor at harvard and ron johnson, director at the institute for new economic thinking and a senior fellow at the roosevelt institute. skwre, good to have you both here. good morning. greg, let me just get you to bounce off of what corker said today. we've had a few senators here and there appear to give on taxes but corker laid it out pretty nicely, if you want to have a discussion about entitlements why wouldn't you get rates out of the way. does that mark a new chapter in these talks? >> it might well. and the whole issue, this whole package is going to look like, republicans have already conceded to some degree on revenue. they'll probably concede a little bit more. the question is what is the president willing to concede on the spending side? the liberal part of the democratic part of the party doesn't want to concede anything on entitlements. that's where the real problem is. the growth of entitlements is going to put us into bankruptcy unless we do something about it. >> do you believe giving him what he wants on rates forces his hand to impress
would be a bit cautious about how fast the results turn. look at jcpenney, ron johnson did a lot of creative things, but it takes time to turn around and old line retailer. look at sears, that's probably never going to turn. i think jolie is on the right course here. and he's got a winning strategy. one that schulze didn't have. and i think he's going to pull it off. but he may be more than three months, he may be tied beyond that. but we'll see. i think the board is acting responsibly trying to get the price for the shareholders. i'm not going against going private, they just have to make sure the public shareholders don't sell out at rock bottom prices and are treated fairly. >> i can't imagine he will nail a bid at 20. if you're right and they won't accept anything less, he's going to have his chance to turn this thing around. bill george, thanks, as always. >> thank you. >> we have an important interview coming up. one of the most influential voices of the tea party. congressman mick mulvaney speaking out about boehner and much more. ♪ [ male announcer ] 'tis the season to
Search Results 0 to 4 of about 5